SPOG:NASDAQLeverage Shares 2X Long SPOT Daily ETF Analysis
Data as of 2026-09-10 - not real-time
$7.72
Latest Price
8/10Risk
Risk Level: High
Executive Summary
Leverage Shares 2X Long SPOT Daily ETF is priced at $7.72, and its moving averages give no clean directional read — the structure is neutral. Over a rolling month the price has gained 1.2%. Relative strength is 47.9 — neutral — and the MACD signal is bearish. Price has been bracketed by support at $6.73 and resistance at $9.32.
The 0.75% expense ratio is middling for its category, and the fund manages $4.2M in assets.
On a 1-10 scale the risk profile lands at 8 — high. With 30-day volatility of 84.1%, a beta of 0.83 and a maximum drawdown of 64.4%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 91 on the fear-greed composite.
The horizons line up on hold — conviction 2 out of 10.
The 0.75% expense ratio is middling for its category, and the fund manages $4.2M in assets.
On a 1-10 scale the risk profile lands at 8 — high. With 30-day volatility of 84.1%, a beta of 0.83 and a maximum drawdown of 64.4%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 91 on the fear-greed composite.
The horizons line up on hold — conviction 2 out of 10.
Top Market Events
Wall Street Journal1dLeverage Shares 2X Long MXL Daily ETFNo news for MXLL in the past two years.
Market Outlook
Short Term
< 1 yearNeutral
Model confidence: 3/10
Key Factors
- Trading below the 200-day average of 8.39
- MACD momentum is negative
- 30-day volatility of 84.1%
Medium Term
1–3 yearsNeutral
Model confidence: 3/10
Key Factors
- Trading below the 200-day average of 8.39
- 30-day volatility of 84.1%
- MACD momentum is negative
Long Term
> 3 yearsNeutral
Model confidence: 2/10
Key Factors
- 30-day volatility of 84.1%
- Thin trading liquidity raises execution risk
- Maximum drawdown of 64.4%
Key Metrics & Analysis
Fund Metrics
Expense Ratio0.75%
AUM$4.2M
Inception Date2025-11-14
Avg Daily Volume32,080
Premium/Discount0.00%
Tracking Error0.00%
Technical Analysis
TrendNeutral
RSI47.9
Support$6.73
Resistance$9.32
MA 20$8.03
MA 50$7.39
MA 200$8.39
MACDBearish
VolumeStable
Fear & Greed Index91.05
Risk Assessment
Beta0.83
Volatility84.11%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.